Question: Match the description in Column B with the correct stakeholder approach in Column A . Column A: Stakeholder approach Column B: Description ( a )

Match the description in Column B with the correct stakeholder approach in Column A.
Column A:
Stakeholder approach
Column B:
Description
(a) Descriptive stakeholder approach
(i) Identifies the relationships between the management of stakeholder groups and the achievement of corporate goals and objectives.
(b) Instrumental stakeholder approach
(ii) Examines the function of the corporation and the moral guidelines for the operation and management of the corporation.
(c) Normative stakeholder approach
(iii) Seeks a balance between two approaches to the stakeholder theory; it illustrates the possibility of developing morally sound ways of conducting profitable business.
(iv) Describes and explains the characteristics of the corporation, including aspects such as how it is managed, who the stakeholders are, how the corporate considers its constituencies and the way its management think about managing the corporate.
Select one:
a.
(a)(i); (b)(ii); (c)(iii)
b.
(a)(ii); (b)(iii); (c)(iv)
c.
(a)(iii); (b)(iv); (c)(i)
d.
(a)(iv); (b)(i); (c)(ii)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!